Jeb Hensarling: “I will be happy to stay here as long as necessary to have the Democrat leadership commit to the words they made before…”

“I will be happy to stay here as long as necessary to have the Democrat leadership commit to the words they made before the election and have their actions after the election comport with those words before the election. And if I could, and I know that time is coming to a close, I would like to add, as you brought up, every Member who comes to this floor with an earmark says this is a good thing; the money can be used for a good cause. I don't doubt that. There are many good causes in America. The YMCA, the Girl Scouts, cut flowers. There are a lot of great causes. But the question is, number one: Is it a Federal priority and how do we pay for it today? Today, since the Federal Government continues to run a deficit, although under our President's leadership with more tax revenue from economic growth, it is falling. But right now, the money for a earmark can only come from one of three sources. number one, by raiding the Social Security trust fund. Is the earmark worth taking money away from our seniors? Under the Democrats, we now have a plan for the single largest tax increase in history, almost $3,000 per family. More earmarks lead to more taxes. Is it worth putting a $3,000 tax burden on a family of four to pay for the Charlie Rangel Museum to himself? Or debt to our children and grandchildren? Is the Charlie Rangel Museum to himself, is that worth passing on $2 million of debt to our children and grandchildren?”